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China's State Media Warns of Pain for Trump in Trade Battle

  • "Counterattack" reciprocal tariffs praised as swift, resolute
  • Many in U.S. also oppose Trump’s actions, People’s Daily says
Bloomberg business news
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Chinese state media hailed their leaders’ quick counteroffensive in the brewing trade war with the U.S. and said America would learn a “painful lesson” by tangling with China.

The articles and editorials across the Communist Party’s media stable came even as the country started a long holiday weekend. They emphasized that China was acting only in self-defense, and that the Trump administration’s move to levy a 25 percent tariff on about 1,300 types of Chinese imports was opposed by many in the U.S.